Monday, July 14, 2008

The Trillion Dollar Meltdown by Charles R. Morris

Read this book if you want to find out why:

      • Banks are failing
      • Foreclosures were up over 50% last month
      • Mortgage companies are closing
      • The Dow is barely over 11,000 and dropping quickly
      • There are no silver financial or business linings in sight
        If you are a poor student of economics like me, you'll appreciate Morris's talent in simplifying the history of the past 40 years to show how we got to the economic mess that we are in now.

        Read this and weep....

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